The CEFI team comprises a group of highly experienced and dedicated financial experts who are passionate about the growth of financial inclusion in Papua New Guinea. CEFI also reports to a Board of Directors, which includes an elite field of key stakeholders representing government, industry and the Bank of Papua New Guinea.
CHAIRMAN & BOARD MEMBER
DEPUTY CHAIRMAN & BOARD MEMBER
Michael Tumbo Kumung is the Deputy Secretary of the Department of National Planning & Monitoring with 20 years’ experience in Public Service. Michael have worked with the Papua New Guinea Internal Revenue Commission and Department of Finance dealing with Development Strategic Planning, Public Policy Formulation, Economic Modelling and Economic Development Analysis and Reporting. He has represented the Department of National Planning as alternate board member and director on PNG Gaming Control Board and National Research Institute board. Michael holds a Master of International Economics & Finance, University of Queensland, Australia
DIRECTOR & BOARD MEMBER
Mr Garima Tongia is the Executive Director of CEFI. He is an economist with 27 years of professional experience in the PNG Banking and finance industry. He has held senior management positions with the National Development Bank (NDB), was a pioneer in the creation of Wau Micro Bank (now Nationwide Micro Bank trading as MiBank) and has worked as a Senior Analyst with the Bank of Papua New Guinea. He has been at the forefront of Microfinance and financial inclusion development in the country. Mr Garima has international banking exposure and an in-depth knowledge of the sector.
FINANCIAL INCLUSION ADVISOR AND BOARD MEMBER
Saliya J Ranasinghe has more than 25 years’ experience in the microfinance industry, including roles as Finance Manager at Ceylon Oxygen and Chief Executive Officer of SEEDS Sri Lanka. Since 2002, he has been a consultant and Chief Technical Advisor for inclusive finance/microfinance projects with renowned organisations such as the Asian Development Bank, World Bank, IFC and UN Capital Development Fund in countries across Asia, Africa and the Pacific. Saliya has also conducted postgraduate studies with England’s Canfield School of Technology and has an MBA from the University of Lincoln, England. He is a Fellow Member of the Institute of Chartered Management Accountants UK and Fellow Member of the Society of Cost Management Accounts Sri Lanka.
Paulus Laveil is currently Managing Director and Board Secretary of the PNG Federation of Savings and Loans Society Ltd. He has more than 15 years’ experience with the PNG National Development Bank as an Executive Manager for Lending, Policy and Corporate Services. He is a member of the Microfinance Expansion Project Steering Committee and is on the CEFI Board representing the Savings and Loans Societies in PNG. He holds an MBA from the University of New England, Australia.
Mark is a highly experienced international banker having previously held senior roles with HSBC in Saudi Arabia, Hong Kong, India and Bahrain, and ANZ in Australia. He has been ANZ PNG Managing Director since July 2012, which at that time also included responsibility for the Bank’s operations in Timor-Leste, Solomon Islands, Vanuatu and New Caledonia. Prior to this, he had overall responsibility for ANZ’s Corporate Banking activities in Queensland, covering private and public companies across a range of sectors. Mark brings with him a deep experience across a wide range of banking activities including Corporate and Institutional Banking, Commercial / SME, and Retail Banking, as well as key product lines including International Trade Services, Payments and Cash Management, and Operations.
Dr Sweta Jain Sud has had more than 20 years’ experience of innovation and management in the areas of education, enterprises resources planning, strategic project planning and stakeholder management. Currently the Dean and Academic Director of PNG Institute of Banking and Business, Sweta is on the Board of CEFI representing the financial training institutions. She has also been on the Board of the Small Business Development Corporation, a committee member of the Small to Medium Enterprise policy and Master plan for PNG Government and one of the founding member of the Business Coalition for women and an executive committee member of PNG India Business Council. She is also a Faculty for MBA program with Chifley Business School, Torrens University Australia. Sweta hold a Bachelors in Engineering and three Post Graduate Degrees in Business Administration, Project Management and Information systems.
Roddie Wada has more than 15 years’ experience in the public sector, mostly with the PNG Department of Treasury in the area of micro-economic policy. Currently the First Assistant Secretary of the Markets Policy Division, she deals with consumer and competition policy, private sector development and other micro/structural reform initiatives. Roddie is on the CEFI Board representing the Department of Treasury, and has also represented the Department on the Boards of CIC, Post PNG, Air Niugini and the Nationwide Microbank. She holds a Masters in Applied Commerce from Melbourne University, Australia.
Tony is the CEO of MiBank in Papua New Guinea. He is also a Director and Honorary Fellow of the PNG Institute of Banking & Business Management, and is an Executive Member of the Microfinance Pasifika Network. A strong advocate for financial inclusion, Tony initiated the first Bank- led deployment of a mobile wallet in the South Pacific, with ‘MiCash’. Tony holds a MBA from Torrens University and a Master of Leadership in Development Finance from Frankfurt School of Finance & Management.